May 2025

Taxpayer loses case to deduct costs and losses while renting to parents

Taxpayer loses case to deduct costs and losses while renting to parents

If you own a rental property , you likely bought it because of the monthly rental income the unit would provide, with the hope of ultimately being able to sell it for a profit in the future. Indeed, some landlords are okay with ongoing rental losses (as long as they are not too large) because […]

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The Truth About Profitability vs. Value: Why a M Business Might Be Worth Nothing

The Truth About Profitability vs. Value: Why a $5M Business Might Be Worth Nothing

You’ve done what they told you to do. Worked the hours. Signed the checks. Carried the weight. You’ve sacrificed time with your family, missed milestones, and still—you kept pushing. Now the business finally makes money. You’ve got some nice toys, maybe a new house, the ability to breathe a little. But deep down, you’re asking

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Weekly Mortgage Rates Drop, Giving Home Buyers a Boost

Weekly Mortgage Rates Drop, Giving Home Buyers a Boost

Holden Lewis writes for NerdWallet. Email: hlewis@nerdwallet.com. The article Weekly Mortgage Rates Drop, Giving Home Buyers a Boost originally appeared on NerdWallet. https://www.nerdwallet.com/article/mortgages/weekly-mortgage-rates-5-1-25 #financialliteracy #financialfreedom #finance #financialindependence #personalfinance #money #financialeducation #investing #financialplanning #entrepreneur #debtfree #wealth #creditrepair #budgeting #investment #debtfreecommunity #credit #financialadvisor #creditscore #financetips #financialgoals #realestate #debtfreejourney #moneymanagement #creditrestoration #invest #wealthbuilding #creditrepairservices #moneytips #passiveincome #finances #generationalwealth

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10 Effective Ways to Preserve Your Nest Egg

10 Effective Ways to Preserve Your Nest Egg

To ensure your retirement savings don’t dry up, it’s important to follow proven methods that can safeguard and grow your funds. Well-managed retirement savings are essential for achieving a secure, comfortable, and fulfilling retirement. By implementing these strategies, you can help secure a comfortable and financially stable retirement. 1. Take Advantage of 401k Offerings If

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The Income Limit To Qualify For College Scholarships And Grants

The Income Limit To Qualify For College Scholarships And Grants

If you’re a personal finance enthusiast with kids, you’ve probably wondered: at what household income level will colleges stop offering scholarships and grants (i.e., free money) to help your child attend? What is that income cutoff? Given that the cost of college is already outrageous — and likely only getting worse — this is a

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Southwest’s New Fares: Cardholders and Elites Win, Others Pay

Southwest’s New Fares: Cardholders and Elites Win, Others Pay

Craig Joseph writes for NerdWallet. Email: cjoseph@nerdwallet.com. The article Southwest’s New Fares: Cardholders and Elites Win, Others Pay originally appeared on NerdWallet. https://www.nerdwallet.com/article/travel/southwests-new-fares #financialliteracy #financialfreedom #finance #financialindependence #personalfinance #money #financialeducation #investing #financialplanning #entrepreneur #debtfree #wealth #creditrepair #budgeting #investment #debtfreecommunity #credit #financialadvisor #creditscore #financetips #financialgoals #realestate #debtfreejourney #moneymanagement #creditrestoration #invest #wealthbuilding #creditrepairservices #moneytips #passiveincome #finances #generationalwealth

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11 Bad Financial Habits That Trap People in Poverty

11 Bad Financial Habits That Trap People in Poverty

Look around. Money flows everywhere, yet financial freedom eludes most people. Why? It’s not about how much you make. It’s about what you do with it. Our daily money habits – those tiny, seemingly insignificant decisions – shape our financial destiny more than any paycheck ever could. 1. Debt Comfort Zone If you can’t buy

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